Multifamily

Cedar Falls, IA Multifamily Properties for Sale

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Seven-Plex Apartment Building
Updated: Jul 2
Seven-Plex Apartment Building

2416 Olive Street, Cedar Falls, IA 50613

$410,000
0.15 AC lot
7‑plex with three 1‑bedroom units, one studio, one 2‑bedroom, one 3‑bedroom, and one 4‑bedroom unit
All units are fully rented through May 2027
Appliances included in each unit, with laundry units included
Off‑street parking plus alley access in the back
Landlord pays utilities (except internet)
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Multifamily Apartment Building with Laundry
Updated: May 18
Multifamily Apartment Building with Laundry

2222 Walnut Street, Cedar Falls, IA 50613

$499,900
0.20 AC lot
5‑unit investment property with leases signed for all units
Two blocks from the College Hill area
Paved on‑site parking and coin‑operated laundry
Central air cooling and vinyl siding exterior
Public water and public sewer
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Cedar Falls Multifamily Investment Property
Cedar Falls Multifamily Investment Property

2115 Walnut Street, Cedar Falls, IA 50613

$419,000
0.30 AC lot

Six-unit rental property in Cedar Falls' college hill area.

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Renovated Motor Lodge in Downtown
Renovated Motor Lodge in Downtown

122 Washington St, Cedar Falls, IA 50613

$1,495,000

Renovated 15-unit motor lodge with redevelopment potential.

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Three-Unit Apartment Building
Three-Unit Apartment Building

2508 Olive Street, Cedar Falls, IA 50613

$235,000
0.20 AC lot

Three fully rented 2-bedroom apartments with off-street parking and alley access in R-3 zoning.

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Fourplex Investment Property
Fourplex Investment Property

2504 Olive Street, Cedar Falls, IA 50613

$235,000
0.20 AC lot

Four-unit rental building with three 1-bedroom and one 2-bedroom apartment, fully rented through May 2027.

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Duplex with Off-Street Parking
Duplex with Off-Street Parking

526 W 8th Street, Cedar Falls, IA 50613

$179,900
0.20 AC lot

Well-maintained duplex with two occupied units, fully split utilities, and five off-street parking spaces.

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Remodeled Fourplex Near University of Iowa
Remodeled Fourplex Near University of Iowa

2007 College St, Cedar Falls, IA 50613

Contact for pricing

Fourplex with modern updates near the University of Iowa.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

706 W 12th Street, Cedar Falls, IA 50613

$270,000
0.24 AC lot

Four one-bedroom, one-bath units with individual electric meters; three are leased and owner covers select utilities and exterior upkeep.

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Cash-Flowing Multifamily Near Campus
Cash-Flowing Multifamily Near Campus

2221 Olive Street, Cedar Falls, IA 50613

$419,000
0.15 AC lot

Eight-unit multifamily property near campus with strong income potential.

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Cedar Falls Multifamily Investment Property
Cedar Falls Multifamily Investment Property

810 W 25th Street, Cedar Falls, IA 50613

$419,000
0.13 AC lot

Six-unit apartment building near college with strong rental income.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

2503 Olive Street, Cedar Falls, IA 50613

$275,900
0.13 AC lot

Four well-maintained units near UNI campus with in-unit kitchen appliances and on-site coin laundry for tenant convenience.

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Two-Unit Duplex with Off-Street Parking
Two-Unit Duplex with Off-Street Parking

920 W 2nd Street, Cedar Falls, IA 50613

$250,000
0.20 AC lot

Duplex income property with two separate units and paved off-street parking in Cedar Falls.

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Cedar Falls Duplex Investment Opportunity
Cedar Falls Duplex Investment Opportunity

1622 Franklin Street, Cedar Falls, IA 50613

$160,000
0.20 AC lot

Duplex with updated unit, garage, fenced yard, new roof.

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Cedar Falls Duplex For Sale
Cedar Falls Duplex For Sale

721 Olive Street, Cedar Falls, IA 50613

$165,000
0.10 AC lot

Duplex in Cedar Falls, Iowa with great cashflow.

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Duplex Residential Income Property
Duplex Residential Income Property

524 W 6th Street, Cedar Falls, IA 50613

$164,900
0.10 AC lot

Duplex with two separate units, including basement laundry access for the lower unit and a currently vacant upper unit.

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Based on your search, we've compiled 29 Potential Opportunities for your consideration. Besides 16 Active listings in Cedar Falls, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Downtown Buildings
Mixed-Use Downtown Buildings

122 & 120 E Bremer Avenue, Waverly, IA 50677

$499,900
0.14 AC lot

Two adjacent historic buildings combine storefront units, basement space, and apartments, with additional vacant third-floor conversion potential.

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12-Unit Apartment Complex
12-Unit Apartment Complex

1110 Doreen Avenue, Waterloo, IA 50701

$745,000
0.57 AC lot

Well-maintained 12-unit complex with 10 units currently leased in R-3 zoning.

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Waterloo 12-Unit Apartment Complex
Waterloo 12-Unit Apartment Complex

1110 DOREEN AVE, Waterloo, IA 50701

$745,000
10,773 sqft

Well-maintained 12-unit apartment complex in Waterloo, Iowa.

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Class A Apartment Community
Class A Apartment Community

426 16th Street NW, Waverly, IA 50677

Contact for pricing

Turnkey 15-unit Class A building with in-unit laundry and elevator service, maintained to institutional standards.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Buildable Residential Lot with Pines
Buildable Residential Lot with Pines

Bollig Court lot: 2, Nekoosa, WI 54457

$35,000
2.45 AC lot

A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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Developed Multi-Pad Development Land
Developed Multi-Pad Development Land

N 41st St, Bethany, MO 64424

$249,900
10.00 AC lot

10-acre development site with 10 constructed dirt pads, cul-de-sac road layout, and a billboard generating $100 monthly.

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Lakeshore Recreation Land Parcel
Lakeshore Recreation Land Parcel

Tripp, Fulda, MN 56131

$124,900
9.30 AC lot

Recreation residential shoreland acreage with gravel access and measured lakeshore for RV or seasonal campground plans.

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Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing
0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Off-Market Properties in Cedar Falls, IA

Consider similar Off-Market properties in Cedar Falls, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1002 Clair St
MOBILE HOME PARK, TRAILER PARK

1002 Clair St, Cedar Falls, IA 50613-1300

Value Estimation by Request
2.57 AC lot
View details
2503 Olive St
Multifamily properties

2503 Olive St, Cedar Falls, IA 50613

Value Estimation by Request
3,298 sqft
View details
1416 Starview Dr
Multifamily properties

1416 Starview Dr, Cedar Falls, IA 50613

Value Estimation by Request
View details
2508 Un Rd
MOBILE HOME PARK, TRAILER PARK

2508 Un Rd, Cedar Falls, IA 50613-9281

$520,000
Estimated value
20.93 AC lot
View details
Cedar Falls, IA 50613
MOBILE HOME PARK, TRAILER PARK

Cedar Falls, IA 50613

Value Estimation by Request
6.20 AC lot
View details

Cedar Falls, IA Multifamily Properties Market Trends and Statistics

Explore 21 multifamily properties for sale in Cedar Falls, IA, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $5,597,600.

Sale prices for multifamily properties in Cedar Falls, IA start at $0.00, averaging $349,850, and reaching up to $1,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 5
Duplexes 5
Quadplexes 4
Short term rental properties 1
Triplexes 1

Demographics Overview

Population 44K
Population Growth (5Y) -1.1%
Median Household Income $75,642
College Educated 34.6%

High-Yield Neighborhoods for Investment

Identify Cedar Falls submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
50613 $375.5K

Taxes & Financing

Tax Rate (average for all types) 2.73%
Property Tax per SF $28.35 per SF
Tax Rate vs County Average 0.36 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Black Hawk County

New Delisted

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